Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______… Read More: New Bitcoin & Ethereum ETFs, Ukrainian NFT Cossacks Club, Snoop Dogg Brings Weed to Metaverse + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and circumvent sanctions, the International Monetary Fund predicts in a report. Repercussions of the war in Ukraine continue to reverberate globally and cryptoization is one of the effects, the IMF says. War, Sanctions Lead to Wider Spread of Crypto Assets, Report…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ … Read More: First Australian Bitcoin ETF Comes to Cboe, 40 Crypto Players Send a Letter to EU + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Following Bitmain’s product introduction of two new application-specific integrated circuit (ASIC) bitcoin mining rigs, the mining devices manufacturer Microbt has announced the launch of two new miners as well. Revealed during the Bitcoin 22 conference in Miami, Microbt showcased the company’s new Whatsminer M50 series, which offers hashrate speeds of up to 126 terahash per…
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Ethereum Foundation members expect “the merge” to happen before year-end and savvy options traders will profit using this options strategy. Ethereum’s long-awaited transition away from proof-of-work (PoW) mining has recently suffered another delay and is expected to occur in the second half of 2022. Ethereum developer Tim Beiko stated on April 13 that “it won’t be…
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Reports stating that the Russian Ministry of Finance now “recommends using cryptocurrencies as legal tender” appear to be very wide of the mark. A number of crypto-related media outlets have made the claim that the ministry has pushed for a move that would put tokens on the same footing as the fiat ruble. However,…
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As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners that can process at speeds up to 110 terahash,…
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The Brazilian Congress is trying to approve a cryptocurrency legal framework before the end of Q2. According to reports from local media, The proponents of the different law projects presented in the Senate and the Congress have stated they will seek the unification of the projects due to their similarity. This new unified project presents…
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An ambitious private member’s bill that seeks to regulate the Brazilian crypto market could be approved by the National Congress before the end of the first half of this year – with MPs set for a key vote on Tuesday next week…. Read More: Brazilian Parliament Heading for Key Vote on Crypto Regulation Bill…
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The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of the minted cryptocurrency. The authorities in Nur-Sultan believe that such an approach would have a positive effect on the state budget.
Miners in Kazakhstan to Pay Tax on the Value…
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